TREASURIES-Longer-dated U.S. bond prices near session lows

Reuters

NEW YORK, Oct 29 (Reuters) - Longer-dated U.S. Treasuriesprices slipped near session lows on Tuesday after a privatereport showed U.S. home values appreciated at afaster-than-expected pace in August, suggesting resilience inthe housing sector after a surge in mortgage rates this summer.

Standard & Poor's and Case-Shiller said its composite indexof home prices in 20 U.S. metropolitan areas rose 0.9 percent ona seasonally adjusted basis in August, higher than the 0.6percent increase projected by analysts polled by Reuters.

The 30-year Treasury bond last traded 16/32lower at 100 in price with a yield of 3.629 percent. It hit asession low of 99-31/32 with a yield of 3.626 percent shortlyafter the S&P/Case-Shiller data.

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